Laconia, NH724 Main Street
Price$6,400,000
MLS Number 4861386
- Commercial
- Year Built 1980
- Acreage 2.26
- NOI 816478
This unique offering package includes Three (3) medical office buildings totaling 39,231 Sq. Ft. Two properties are adjacent to each other in the heart of downtown Laconia, NH and the third is an office condo right next to the hospital in Laconia. All three properties have active NNN leases in place with 5-year terms. $816,478 Annual Net Income. Over a 12% Cap Rate. Annual CPI Increases. 5 Year Term with Three - 5 Year Renewal Options. Building One (1): 724 N. Main St, Laconia, NH: 28,373 Square feet with $613,748 Annual Base Rent.This three-story brick medical office building caters very well to its medical use. The infrastructure provided here is of tremendous value. Just in this building alone, there are 95 Exam rooms and offices, 64 of them have sinks, there are 12 Reception and Workstation areas, 6 designated waiting areas, 21 Bathrooms, a 900 SF designated employee area, an X-ray area, a Lab area, as well as a full-size pharmacy. Ample parking with the large on site 145 spot parking lot. Building Two (2): 734 N. Main St, Laconia, NH 9,538 Square feet with $ 171,840 Annual Base Rent is a two-story medical office building directly next door. Although its current use is medical offices, the style & overall layout of this building is also suitable for general office as well. Building is equipped with an elevator and the site offers an additional 15 parking spaces. Building Three (3): 85 Spring St, Unit 4A, Laconia, NH 1,320 Square feet with $30,889.80 Annual Base Rent.
Listed by Laura Gamache of Keller Williams Realty-Metropolitan
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Est. Mortgage: $/month
Federal 30-year interest rate: 2.86% last updated on 2021-09-16
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
